Northwestern Mutual Wealth Management Co. Acquires New Stake in Palo Alto Networks, Inc. $PANW

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, Holdings Channel reports. The fund acquired 550,489 shares of the network technology company’s stock, valued at approximately $187,728,000.

Several other institutional investors also recently modified their holdings of PANW. Trilogy Capital Inc. raised its position in shares of Palo Alto Networks by 1.8% during the 2nd quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company’s stock valued at $725,000 after buying an additional 37 shares in the last quarter. Wisconsin Wealth Advisors LLC grew its position in Palo Alto Networks by 1.2% in the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company’s stock worth $1,093,000 after acquiring an additional 38 shares in the last quarter. Orrstown Financial Services Inc. grew its position in Palo Alto Networks by 1.2% in the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company’s stock worth $1,090,000 after acquiring an additional 38 shares in the last quarter. GSG Advisors LLC increased its stake in Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock valued at $2,010,000 after acquiring an additional 51 shares during the last quarter. Finally, Arlington Trust Co LLC increased its stake in Palo Alto Networks by 8.5% in the second quarter. Arlington Trust Co LLC now owns 703 shares of the network technology company’s stock valued at $240,000 after acquiring an additional 55 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Tigress Financial raised their price objective on Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. Northland Securities upped their target price on Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a research note on Wednesday, June 3rd. Barclays reiterated an “overweight” rating and set a $370.00 price target (up from $315.00) on shares of Palo Alto Networks in a research report on Wednesday, August 5th. BNP Paribas Exane lifted their price target on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Finally, Capital One Financial set a $421.00 price objective on shares of Palo Alto Networks and gave the stock an “overweight” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average target price of $362.67.

Palo Alto Networks Stock Up 2.4%

Shares of NASDAQ PANW opened at $358.04 on Friday. The firm has a fifty day simple moving average of $337.38 and a two-hundred day simple moving average of $241.72. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $291.80 billion, a PE ratio of 293.48, a price-to-earnings-growth ratio of 12.02 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,935 shares of company stock valued at $10,809,461 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.